secwatch.observer — SEC 8-K summary
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Issuer:     FRANKLIN COVEY CO (FC)
CIK:        0000886206
Form:       8-K
Filed at:   2021-11-09T23:59:59+00:00
Accession:  0000886206-21-000037
Event type: earnings
Sentiment:  positive
Materiality: 0.85
Item codes: 2.02, 7.01, 9.01
LLM model:  deepseek-v4-flash:cloud@v2

Franklin Covey Q4 sales record $68.9M (+41% YoY); FY21 adj. EBITDA $28.0M (+96%); guides FY22 EBITDA $34-36M
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- Q4 sales record $68.9M (+41% YoY); diluted EPS $0.13 vs $0.07. Full-year net income $13.6M ($0.96) vs loss ($9.4M) in 2020.
- All Access Pass subscription & subscription services sales +41% to $32.0M in Q4; full-year +24% to $112.5M.
- Billed+unbilled deferred subscription revenue grew 27% to $127.4M. Education Div. subscription revenues up 52% in Q4.
- Full-year Adjusted EBITDA $28.0M (+96%); FY2022 guidance: adj. EBITDA $34-36M (midpoint 25% growth).
- Operating cash flow $46.2M (+68%); cash $47.4M, no debt on credit line.

Source:
  EDGAR index:    https://www.sec.gov/Archives/edgar/data/886206/000088620621000037/0000886206-21-000037-index.htm
  Primary doc:    https://www.sec.gov/Archives/edgar/data/886206/000088620621000037/fc-20211109x8k.htm
  HTML page:      https://secwatch.observer/filing/0000886206-21-000037

License: Source filings: public domain (SEC EDGAR). Summaries (headline + bullets): CC-BY-4.0; attribute https://secwatch.observer